Our nation’s worker shortage crisis continues. There were more than 10.4 million job openings in the economy at the end of August, the Bureau of Labor Statistics (BLS) reports, a slight decrease from July’s record high 10.9 million openings. Although the steady increase in job openings we have seen this year slowed in August, there… Seguir leyendo Elevated Levels of Unfilled Job Openings Continue to Threaten Economic Recovery
Categoría: Economy
10 Reasons Why the Infrastructure Investment and Jobs Act Benefits All Americans
After decades of neglect, the state of American infrastructure is poor. America currently ranks 13th in the world when it comes to the overall quality of our infrastructure and the American Society of Civil Engineer’s 2021 Report Card rated it a C-. It is past time we brought our infrastructure into the 21st century, and that is exactly what the… Seguir leyendo 10 Reasons Why the Infrastructure Investment and Jobs Act Benefits All Americans
IMFC: Strong International Cooperation Needed to Expedite Vaccination, Support Economic Recovery and Transformation
1. The global economic recovery continues. But divergences between economies persist, reflecting stark differences in vaccine access and policy support. The emergence of virus variants has increased uncertainty, and risks to the recovery are tilted to the downside. The crisis is exacerbating poverty and inequalities, while climate change and other shared challenges are becoming more… Seguir leyendo IMFC: Strong International Cooperation Needed to Expedite Vaccination, Support Economic Recovery and Transformation
Fiscal policies against climate change can help create 15 million jobs
FINANCE AND PLANNING MINISTRIES PLAY A CENTRAL ROLE IN PROMOTING FISCAL POLICIES THAT GENERATE MORE AND BETTER JOBS WITH THE TRANSITION TO GREEN ECONOMIES ADEQUATE FISCAL PLANNING WOULD HELP THE DECARBONIZATION OF THE REGION’S ECONOMIES CREATE 15 MILLION NET NEW JOBS BY 2030 A new Inter-American Development Bank (IDB) study, “Fiscal Policy and Climate Change: Recent… Seguir leyendo Fiscal policies against climate change can help create 15 million jobs
Infrastructure investment is critical to economic recovery
WASHINGTON, D.C. – Today U.S. Chamber of Commerce President and CEO Suzanne Clark issued the following statement after the Senate passed the Infrastructure Investment and Jobs Act. “Our elected leaders are on the precipice of a historic investment in our nation’s crumbling infrastructure. Turning this long-overdue promise into a reality will grow our economy and… Seguir leyendo Infrastructure investment is critical to economic recovery
How Emerging European Economies Found a New Monetary Policy Tool
The purchase of government bonds by emerging market central banks may be reminiscent for some of the days of monetary financing of the government, which was often followed by rising inflation and currency depreciations. However, the successful actions by several central banks in emerging Europe to buy government bonds during the COVID-19 pandemic countered this… Seguir leyendo How Emerging European Economies Found a New Monetary Policy Tool
The disciplining effect of supervisory scrutiny in the EU-wide stress test
Since the financial crisis, stress tests have become an important supervisory and financial stability tool. Against this background, a question is whether stress tests contribute to financial stability by promoting risk reduction in the banking sector as recent evidence suggests. Stress tests offer deep insights into banks’ vulnerabilities to supervisors and the public through an… Seguir leyendo The disciplining effect of supervisory scrutiny in the EU-wide stress test
Does social connectedness affect stock market participation?
Everyone should invest in stocks, at least a very small fraction of their wealth. This suggestion is probably one of the few consensuses that business school professors and economists share. Without digging into sophisticated economic models, one could easily see why by checking some stats. The average annual return in the US stock market in… Seguir leyendo Does social connectedness affect stock market participation?
LSE and IDB launch The Latin America and Caribbean Inequality Review
A new research project to investigate why inequality remains so stubbornly high in Latin America and to identify ways to address this development challenge has been launched by the Inter-American Development Bank (IDB), the International Inequalities Institute (III) at the London School of Economics and Political Science (LSE), Yale University and the Institute for Fiscal… Seguir leyendo LSE and IDB launch The Latin America and Caribbean Inequality Review
Tech Policies that Help Small Businesses Thrive
Share this article TweetFacebookLinkedinPrintSend via email Operating a small business during the pandemic is undoubtedly difficult but technology is helping companies stay afloat and thrive by adopting new business models. Take, for example, Reef Technology which is helping restaurants build Neighborhood kitchens in places like unused parking lots that help restaurants meet increased demand for delivery… Seguir leyendo Tech Policies that Help Small Businesses Thrive